Former Hyundai executive John Krafcik recently spoke about connectivity and autonomy and of the possibility that electronic gizmos in our cars may make us less connected to the driving experience. That’s not the only challenge automakers and drivers face when it comes to electronics in cars. After seeing the missteps that Ford has made with Sync and MyFordTouch, with systems seemingly too complicated or not reliable enough for many drivers, it appears to me that the challenge of chasing a technological treadmill to try and keep cars, which most consumers keep for years, electronically up to date, is a fools errand. Comments to Derek’s post on Krafcik’s statement indicated that there’s definitely a market for less complicated car electronics. People have asked, “why does my car need to duplicate the more up-to-date services that my smartphone provides?” Well, someone at Continental Tire’s electronics and instrument division, VDO, asked that same question and they came up with the Flexible Smartphone Docking Station. (Read More…)
Tag: Elio Motors
Elio Motors is one of those automotive startups that raises all sorts of flags that makes some people think that it’s a scam, or at least on shaky financial ground. Almost every bit of news from Elio has been greeted with some skepticism, understandably (here, here, and here). They’re planning on selling a three wheel vehicle with a composite body that gets amazing gas mileage. Those facts alone remind people of the Dale scam, and the failed Aptera venture. Also, they’re taking deposits on a vehicle whose design has not been finalized, a year away from production, and that evokes memories of Preston Tucker, who had his own problems. Then there’s the financing plan that Elio says will allow people currently driving beaters, the working poor if you will, to get a new car with a warranty just for what they’re currently paying for gasoline. When you buy the $6,800 tandem two seater reverse trike, whatever balance there is after your trade-in and/or deposit is applied will go on a credit card. Monthly payments will be required to pay down the balance but the way Elio is pitching it, when you use that credit card to buy gasoline (and some other purchases) instead of being billed for the actual cost of the gas, you’ll be billed 3 times that amount and the difference between the actual price and the billed price will be used to pay off the car.
Why 3X the price of gas? (Read More…)